Early Closure of Vitamin E Production Plant Announced

Parsippany, NJ, August 26, 2003 - Roche Vitamins Inc. announced today that the vitamin E production facility in Nutley, New Jersey would be closed by the end of November this year. The plant, which is the only one producing vitamin E in the United States, was slated for closure in the middle of next year.

“Our initial plan was to phase out production from the Nutley facility during the middle of 2004 timed to coincide with the opening of our state-of-the-art vitamin E production site in Sisseln, Switzerland”, stated Roche Vitamins Inc. president Chris Goppelsroeder. “Unfortunately, the plant is old and not sufficiently competitive. That, coupled with the current state of depressed vitamin prices, makes it impossible for us to continue vitamin E production here for another year.” He goes on to state, “We understand that the loss of this facility’s yearly production capacity of 7,000 metric tons, could have a short term negative impact on the supply of vitamin E. However, we are looking forward to the opening of our new plant, where construction is progressing well and which will become operational in the second half of 2004. At that time, the Sisseln plant, with its 25,000 metric ton capacity, will become the largest vitamin E production facility in the world.” Goppelsroeder continues, “With this new facility, we expect to produce the highest quality vitamin E possible in a wide variety of forms at competitive prices.”

Roche Vitamins has been the world leader in vitamin nutrition for over half a century. Roche Vitamins manufactures and supplies vitamins and other nutritionals to the dietary supplement, food, livestock and cosmetic industries and has an extensive portfolio of products including fat and water-soluble vitamins, carotenoids, LC-PUFA’s and other nutraceuticals. Our wide varieties of product forms and nutrient blends are designed to provide optimum performance in a broad range of applications. A global leader in nutraceutical research, Roche, working in conjunction with major universities, actively assists industry in developing new, beneficial products for the marketplace.

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